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Charleston Townhomes: Investment Opportunity

501 Thompson Street Charleston, WV 25301

501 Thompson Street, Charleston, WV, 25301
$399,900
For Sale
$399,900

MULTI_FAMILY - Other - Charleston, WV

Property Size8,000 SF
Price / SF$49.99
Days on Market98

Property Features for 501 Thompson Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
13
Rooms
Bedroom 13, Bathroom 3, Bathroom 4, Bedroom 12, Bedroom 2, Bathroom 5, Bedroom 9, Bedroom 8, Bedroom 10, Bedroom 4, Bedroom 1, Bedroom 11, Bedroom 7, Bedroom 6, Bathroom 2, Bathroom 1, Bedroom 3, Basement, Bedroom 5
Parking features
On Street
Appliances
Oven, Range, Refrigerator
Standard status
Active
APN
11-0020-0111-0000-0000
Size
8,000 SF

Taxes and HOA fees

Tax Description
LT 1 BK D 50X135 THOMPSON & JACKSON STREETS 1536
Tax Annual Amount
4771

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public

Building Details

Floors in Building
2
Number of units
6
Flooring type
Vinyl, Hardwood
Building materials
Brick
Roof type
Composition, Shingle
Architectural style
Other
Listing agency Old Colony
Listed by Misti Beach · License #0024400
Added: Apr 16 Updated: Jul 14 at 11:00PM Checked: Jul 22 at 7:06PM
MLS# 282973

Copyright © 2026 Kanawha Valley Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This property presents an opportunity to expand an investment portfolio with six townhomes, all currently rented and generating a total monthly income of $5475. The property is being sold as-is. Each unit includes a basement. The roof is approximately 10 years old. Some updates have been made throughout the units, including HVAC systems, with the exception of unit 6. Unit 5 is rented for $950, and unit 6 is rented for $650. The property is located in Charleston, WV.

Key Highlights

  • 6 townhomes currently rented for a total of $5,475/month
  • All units include basements
  • Roof is approximately 10 years old

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Florist (Bike/Boat/Book/etc) Store Furniture & Home Goods (Bike/Boat/Book/etc) Store Tanning Salon Carpet & Flooring Store Cosmetic Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Six townhomes in Charleston, WV, generating $5475 monthly income.
Where is this apartment building located?
The property is located at 501 Thompson Street Charleston, WV.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 6 townhomes currently rented for a total of $5,475/month; All units include basements; Roof is approximately 10 years old
Contact an agent
More about this property
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